English
English
English
The Union Budget 2026–27 strengthens farmer support by allocating ₹1.71 lakh crore for fertilizer subsidies. Presented by Finance Minister Nirmala Sitharaman, it ensures affordable fertilizers, boosts domestic production, promotes balanced nutrient use, and advances sustainable agriculture through transparent and targeted subsidy mechanisms.
Strong Commitment to Farmers’ Needs
New Delhi: The Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman, highlights the government’s continued commitment to India’s farming community.
A key focus of the Budget is ensuring that farmers receive fertilizers on time and at affordable prices, even amid global price fluctuations and supply uncertainties. The government has made it clear that protecting farmers from rising input costs remains a top priority.
Union Budget 2026 Puts Ayush at the Heart of India’s Healthcare Revolution
For the financial year 2026–27, the government has allocated an estimated ₹1.71 lakh crore to the Department of Fertilizers. This significant allocation reflects the government’s determination to shield farmers from the impact of volatile international fertilizer markets and disruptions in global supply chains. The funding ensures that essential agricultural inputs remain accessible across the country.
Under the Urea Subsidy scheme, the Budget provides support for both domestic production and imports of urea. This helps bridge the gap between demand and availability while keeping urea prices under statutory control. Farmers continue to receive urea at fixed, affordable rates, while producers are assured reasonable returns—ensuring uninterrupted supply nationwide.
The Budget continues support under the Nutrient Based Subsidy (NBS) scheme for phosphatic and potassic (P&K) fertilizers, whether produced domestically or imported. This initiative encourages the balanced use of nitrogen, phosphorus, and potassium (NPK) nutrients, which is crucial for maintaining soil health, improving crop quality, and increasing agricultural productivity in the long run.
The Union Budget 2026–27 reaffirms the commitment to affordable fertilizers with a massive allocation of ₹1.71 Lakh Crore. Here is what it means for the sector. 🧵👇 #ViksitBharatBudget #UnionBudget pic.twitter.com/yuSRVcVUTi
— Department of Fertilizers (@fertmin_india) February 1, 2026
The Direct Benefit Transfer (DBT) system remains central to fertilizer subsidy distribution. By using DBT, the government ensures greater transparency, efficiency, and real-time monitoring of fertilizer sales. The Budget also allocates funds for the Fertilizer Subsidy Management System, including investments in information and communication technology (ICT), to further strengthen oversight and prevent misuse.
In line with its focus on sustainable agriculture, the Budget provides allocations for the Promotion of Organic Fertilizers Policy. This includes Market Development Assistance and funding for research and development, encouraging environmentally friendly farming practices and reducing dependence on chemical fertilizers over time.
Overall, the Union Budget 2026–27 reinforces the government’s resolve to protect farmer interests, maintain fertilizer affordability, strengthen domestic production capacity, and promote sustainable nutrient use. Through well-targeted subsidies and transparent delivery mechanisms, the Budget aims to support both short-term agricultural needs and long-term food security for the nation.
